AMA - Asia Private Wealth Management

Hi all, long time lurker here on WSO. WSO has been one of the earliest platforms that I have used to get up to speed regarding the intricacies surrounding various segments of the finance sector, and now that I have finished undergrad and got a job that I love, it is only fair that I share my insights with the community to widen our collective knowledge.

My background: Asia semi-target university, Accountancy/Finance major, 1:1, internship experiences in VC, Big 4 CF, investment research at an AM, corporate banking at a regional bank, and SA at a BBPWM division. Completed a short stint in corporate development/strategy at a regional conglomerate before accepting a job with the discretionary mandates team of a large EU private bank.

Currently leaving it open. Doing portfolio management work in PWM would open doors for AM jobs down the line, but am currently happy with where I am and am learning a lot! Could very well be a long term play for me, who knows.

Also, client money tends to be stickier in PWM. With the asset outflows that AM houses are facing right now, PWM may be a safer play at the moment.

Can a 3.3 econ major from ucsd stand a chance to be hired here?I have 1 internship as an investment banker intern at a southeast asian boutique level securities.Another internship at an insurance company.

Say as an analyst/associate you consistently bring in UHNWI clients including billionaires using your own network, what is the upside potential of year-end bonus? For example's sake, you assist the bank in adding US$500mn AUM in a year, what % cut?